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Thu 11 Jun 2009, 16:38 PAP - Pangbourne Properties Limited - Dealing in Securities by a Director
PAP
PAP                                                                             
PAP - Pangbourne Properties Limited - Dealing in Securities by a Director       
Pangbourne Properties Limited                                                   
(Registration No. 1987/002352/06)                                               
Share Code: PAP                                                                 
ISIN Code: ZAE000005252                                                         
("Pangbourne")                                                                  
DEALING IN SECURITIES BY A DIRECTOR                                             
Unitholders are advised of the following information, relating to the dealing in
securities by a director:                                                       
                                                                                
Name of non-executive director:      Desmond de Beer, who owns 50% of           
Optimprop 3 (Pty) Ltd, the entity           
                                    which entered into the transaction.         
Company of which a director:         Pangbourne                                 
Transaction date:                    9 June 2009                                
Class of securities:                 Linked units                               
Price:                               R13.50                                     
Number of securities:                50,000 (representing the indirect          
                                    beneficial interest)                        
Total value:                         R675,000.00                                
Nature of transaction:               Purchase on open market.                   
Nature and extent of interest:       Indirect beneficial.                       
                                                                                
Name of non-executive director:      Desmond de Beer, who owns 50% of           
                                    Optimprop 3 (Pty) Ltd, the entity           
                                    which entered into the transaction.         
Company of which a director:         Pangbourne                                 
Transaction date:                    9 June 2009                                
Class of securities:                 Linked units                               
Price:                               R13.40                                     
Number of securities:                50,000 (representing the indirect          
beneficial interest)                        
Total value:                         R670,000.00                                
Nature of transaction:               Purchase on open market.                   
Nature and extent of interest:       Indirect beneficial.                       

Name of non-executive director:      Desmond de Beer, who owns 50% of           
                                    Optimprop 3 (Pty) Ltd, the entity           
                                    which entered into the transaction.         
Company of which a director:         Pangbourne                                 
Transaction date:                    9 June 2009                                
Class of securities:                 Linked units                               
Price:                               R13.38                                     
Number of securities:                12,500 (representing the indirect          
                                    beneficial interest)                        
Total value:                         R167,250.00                                
Nature of transaction:               Purchase on open market.                   
Nature and extent of interest:       Indirect beneficial.                       
                                                                                
Name of non-executive director:      Desmond de Beer, who owns 50% of           
                                    Optimprop 3 (Pty) Ltd, the entity           
which entered into the transaction.         
Company of which a director:         Pangbourne                                 
Transaction date:                    9 June 2009                                
Class of securities:                 Linked units                               
Price:                               R13.35                                     
Number of securities:                45,277 (representing the indirect          
                                    beneficial interest)                        
Total value:                         R604,447.95                                
Nature of transaction:               Purchase on open market.                   
Nature and extent of interest:       Indirect beneficial.                       
                                                                                
Name of non-executive director:      Desmond de Beer, who owns 50% of           
Optimprop 3 (Pty) Ltd, the entity           
                                    which entered into the transaction.         
Company of which a director:         Pangbourne                                 
Transaction date:                    9 June 2009                                
Class of securities:                 Linked units                               
Price:                               R13.25                                     
Number of securities:                4,723 (representing the indirect           
                                    beneficial interest)                        
Total value:                         R62,579.75                                 
Nature of transaction:               Purchase on open market.                   
Nature and extent of interest:       Indirect beneficial.                       
                                                                                
Clearance to deal was received as required in terms of the JSE Listings         
Requirements.                                                                   
11 June 2009                                                                    
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 11/06/2009 16:38:01 Produced by the JSE SENS Department.                  
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